10 Best Performing Dividend ETFs In 2024

2. Fidelity High Dividend ETF (NYSE:FDVV)

YTD Share Price Performance as of December 30: 19.03%

Fidelity High Dividend ETF (NYSE:FDVV) aims to track the performance of the Fidelity High Dividend Index, which includes large- and mid-cap dividend-paying companies expected to maintain and grow their dividends. The fund was established on September 12, 2016, and the portfolio consists of 107 stocks, with assets totaling $3.6 billion as of September 30, 2024. The fund’s 30-day SEC Yield is 2.87%. FDVV is one of the best performing ETFs to monitor.

The Procter & Gamble Company (NYSE:PG) is one of the primary holdings of Fidelity High Dividend ETF (NYSE:FDVV). The Procter & Gamble Company (NYSE:PG) provides branded consumer packaged goods worldwide across five segments – Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.

The Procter & Gamble Company (NYSE:PG) reported lower-than-expected revenue in the first quarter of fiscal 2025, with organic sales in Greater China dropping 15% due to decreased demand for products like shampoo and diapers. Although the company’s overall volume remained flat, its organic revenue grew 2% due to higher prices. In the US, P&G saw volume growth in most categories, but Greater China struggled, particularly in hair and oral care. On the positive side, grooming and fabric & home care segments showed growth. P&G’s net income fell to $3.96 billion, and it maintained its fiscal 2025 forecast, expecting 2%-4% revenue growth and core earnings per share between $6.91 and $7.05.

Among the hedge funds monitored by Insider Monkey, 68 funds were bullish on The Procter & Gamble Company (NYSE:PG) at the end of Q3, up from 64 in the previous quarter.